Heavy engineer 'presses on' with £400,000 outlay
A heavy engineering equipment firm says it is poised to press on with global growth plans following a £400,000 outlay.
Group Rhodes has invested in new assembly pits and material handling apparatus.
Bosses say the spend has enhanced the Wakefield-headquartered operator’s “ability to handle large and complex projects with greater precision, capacity and efficiency”.
They add it will allow the heavy industrial press and forming equipment maker to “take on increasingly ambitious contracts across the aerospace, defence, advanced manufacturing and general engineering sectors”.
Mark Ridgway, Group Rhodes’ chief executive and chair, said: “This investment is a clear statement of confidence in our people, our capabilities and the future of manufacturing in the UK.
“By investing in our facilities, we’re positioning ourselves to take on larger and more complex projects.
“It’s an exciting step forward for the business.”
Group Rhodes has a 200-year history in metal-forming machinery and has made composite forming equipment since the 1930s.
It also operates divisions across the heavy ceramics and material handling sectors, and previously won Queen’s Awards for innovation and international trade.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline